What is the primary function of strategic planning in organizations?

The primary purpose of strategic planning in organizations is to create a roadmap for achieving long-term goals. This process involves analyzing the organization's current position, defining its vision and mission, identifying objectives, and determining the resources and actions required to reach those objectives. By focusing on long-term outcomes, strategic planning helps organizations anticipate future challenges and opportunities, align their resources effectively, and ensure that all stakeholders are working toward a common purpose.

Strategic planning is essential for guiding decision-making and aligning operational activities with the overall vision of the organization. It serves as a foundation for growth and adaptation in a changing environment, facilitating the development of policies and strategies that support sustained success over time.